Senior Revenue Analyst



New York, NY, USA
Posted on Tuesday, May 14, 2024

MongoDB is the next-generation database that helps businesses transform their industries by harnessing the power of data. The world’s most sophisticated organizations, from ground breaking startups to the largest companies use MongoDB to build applications never before possible.
We're looking for a high energy, detail-oriented and hands-on individual to join the Revenue team as a Sr Analyst. This is a brand new role created to support the company's growth and will be based out of our New York Headquarters.This individual will hold a unique position with dual responsibilities of supporting revenue operations and new product initiatives. Responsibilities will consist of supporting month end close, booking entries to the general ledger, reviewing sales transactions in our ERP system for completeness and accuracy, representing the revenue team on product rollouts, drafting technical accounting memos, and performing ad hoc analysis.
This is a great opportunity for someone looking to join and grow with a strong accounting team at a fast growing public company.

Team Description:
The Revenue team is an extremely visible, high-performing team, ultimately responsible for accurate financial reporting of revenue. The team is responsible for managing the monthly close, contract negotiation and determining appropriate accounting treatment for our product offerings. Additionally, this team is responsible for designing and maintaining controls over reporting of revenue and assisting in quarterly forecasting activities for revenue and billings. This role will report directly to the Senior Manager of Revenue.

Candidate Profile:

Bachelor's degree or equivalent in Accounting (CPA is a plus) with 5+ years of experience in a similar role within a global revenue accounting team or 3+ years of big 4 experience
Knowledge of revenue operations, revenue recognition and reconciliation process
Prior experience working with sales data, customer contracts and product offerings
Proficient in MS Excel & experience working with large volumes of data
Previous experience in Software/SaaS industry
Knowledge of ERP and CRM systems (NetSuite, Salesforce)
Working knowledge of US GAAP and ASC 606
Demonstrated proficiency in verbal and written communication, with a capacity to articulate issues and synthesize accounting concepts into concise and informative memos
Strong analytical, research, and problem solving skills
Acute attention to detail and well developed organization and time management skills
Must be self-motivated, flexible, deadline-oriented and able to complete tasks with minimal supervision
Ability to adapt quickly in a rapidly scaling, dynamic environment, and align well with MongoDB’s core values

Position Expectations:

Advise on revenue concepts for new product initiatives, ensuring compliance with accounting standards
Conduct Ad Hoc materiality and sensitivity analyses to determine financial impact of new initiatives
Draft technical revenue memos arguing the Company’s revenue accounting positions
Conduct research on revenue accounting guidance specifically relevant to new initiatives
Participate in routine month end close activities including cash activity, flux and other analyses, reconciliations and revenue recognition
Analyze sales transactions within the Company’s ERP systems to ensure accuracy of data and integrity of revenue schedules, inclusive of revenue allocations
Support review of different revenue streams for appropriate revenue treatments
Perform analyses to assess the need for combining contracts pursuant to ASC 606
Help validate completeness and accuracy of SAAS usage and professional services data for revenue recognition
Assist in calculation of self serve revenue from online credit card transactions
Assist in work papers, PBC’s and process walk-throughs for audits (internal and external)
Support preparation of contract review write ups and identifying any non-standard terms
Maintain deferred revenue and contract asset schedule
Assist with preparation of executive-level analytics for various internal and external presentations
Work cross-functionally with key internal business partners, such as GL, OTC, and Business Systems on ongoing issues and help drive to conclusion
Assist in other ad hoc project work as required

Success Measures:

A successful candidate must have the ability to operate effectively in a fast moving environment as well as demonstrate the ability to learn quickly as they support a wide variety of activities.
In 30 days, a successful candidate will become familiar with our business, product offerings, and revenue streams. In 3 - 6 months, you’ll become familiar with revenue accounting policies, internal systems, operational workflows, and accounting close tasks assigned to you and would be performing them independently. In 6 - 9 months, you’ll have established relationships with key business partners such as TechOps, Enterprise Initiatives, Billing/OTC, and Business Systems/ERP and would be working directly with them as and when issues arise.

MongoDB’s base salary range for this role is posted below. Compensation at the time of offer is unique to each candidate and based on a variety of factors such as skill set, experience, qualifications, and work location. Salary is one part of MongoDB’s total compensation and benefits package. Other benefits for eligible employees may include: equity, participation in the employee stock purchase program, flexible paid time off, 20 weeks fully-paid gender-neutral parental leave, fertility and adoption assistance, 401(k) plan, mental health counseling, access to transgender-inclusive health insurance coverage, and health benefits offerings. Please note, the base salary range listed below and the benefits in this paragraph are only applicable to U.S.-based candidates.

MongoDB’s base salary range for this role in the U.S. is:
$67,000$132,000 USD